Northwest Quadrant Wealth Management LLC Has $40.42 Million Position in Schwab US Dividend Equity ETF $SCHD

Northwest Quadrant Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,525,168 shares of the company’s stock after acquiring an additional 27,459 shares during the period. Schwab US Dividend Equity ETF makes up about 9.0% of Northwest Quadrant Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. Northwest Quadrant Wealth Management LLC owned about 0.06% of Schwab US Dividend Equity ETF worth $40,417,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Lederer & Associates Investment Counsel CA increased its position in shares of Schwab US Dividend Equity ETF by 1.5% during the second quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock worth $667,000 after acquiring an additional 375 shares in the last quarter. Madden Advisory Services Inc. increased its position in shares of Schwab US Dividend Equity ETF by 0.3% during the second quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after acquiring an additional 383 shares in the last quarter. Bellevue Asset Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.2% during the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock worth $877,000 after acquiring an additional 389 shares in the last quarter. Cowa LLC increased its position in shares of Schwab US Dividend Equity ETF by 0.3% during the first quarter. Cowa LLC now owns 121,867 shares of the company’s stock worth $3,407,000 after acquiring an additional 394 shares in the last quarter. Finally, Gateway Wealth Partners LLC increased its position in shares of Schwab US Dividend Equity ETF by 3.2% during the first quarter. Gateway Wealth Partners LLC now owns 12,883 shares of the company’s stock worth $360,000 after acquiring an additional 400 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.8%

Shares of SCHD stock opened at $26.79 on Friday. The company has a market capitalization of $69.65 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The firm has a fifty day moving average of $27.36 and a 200-day moving average of $26.70.

About Schwab US Dividend Equity ETF

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.